ForexMart adds MYR, IDR, THB, CNY as account base currencies

ForexMart adds MYR, IDR, THB, CNY as account base currencies

- in All News, Forex Brokers

European-regulated forex broker ForexMart said on Wednesday its clients can open trading accounts in four new currencies –  Malaysian ringgit (MYR), Indonesian rupiah (IDR), Thai baht (THB) and Chinese yuan (CNY).

Traders can deposit to and withdraw funds from their accounts in any of the new currencies without converting to a different currency.

ForexMart offers two types of trading accounts – ECN Standard and ECN Zero Spread, which, in addition to the newly-added currencies, are also available in US dollars (USD), Euro (EUR), British pound (GBP), and Russian rubles (RUB). Initial deposit start from one base currency unit.

ForexMart is a brand of Tradomart, former Fxco Trading, an entity regulated by the Cyprus Securities Exchange (CySEC). The broker services both retail and institutional investors. It offers trading in forex, Bitcoin, contracts for difference (CFDs) on shares, and spot metals. It recently became one of a few forex brokers to offer leverage of a maximum 5,000:1 (for accounts with balance no more than $1,000).

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